Convention funding restricted by DNC

In search of the unconventional convention:

Next year's Democratic convention in Charlotte will have to be financed without corporate money.

The Democratic Party has issued guidelines saying the $37 million to be raised by the host committee can not come from corporations, from lobbyists or from individuals in amounts of more than $100,000.

I wonder what Mayor Foxx thinks of this?

Comments

Ask the Unions to finance it

Well, they could ask the unions to help out here, but they are sadly constricted and this is a "right to work state" (oops, in the foot again, and again). No, well what about BOA, but then they are still saddled with massively bad loans, swaps, derivatives and other cute "innovations" which will explode (or implode) when and if "marked to market" and not "marked to pretend". What about the Boy Scouts and Girl Scouts? Duke and Progress are in a corporate liplock complaining about the uncertainties of business and investment, which they want us to do with out power bills. The rest of corporate America (oops, forgot we dont have much of that these days-sent all jobs overseas) is on a capital strike (got money but will not spend it until we all capitulate and work for $2 per hour combined with no corporate taxes whatsoever from the lords on the hill.

What is the cumulative impact on donations to the NCDP in its need for funds for party operations and candidate? We ought to answer that one for sure. I am reminded of the old saying about the dog who caught the car and how he might eat it, or not.

Well since Pat McGrory is so enthisiastic, perhaps the Republicans can contribute, or their owner, Pope Art.

Bill

wafranklin

 

Being a life long NC resident

and proud Democrat, I of course want this to be the most spectacular convention in the history of the party. But the more we can limit the influence of big money on politics, the better, and decisions like this only strengthen my Democratic pride.

It makes me recall my experience with voter owned elections here in Chapel Hill. The mayoral candidate that got the most votes was a voter owned candidate and had less funds than his opponent, and the council candidate that got the most votes was a voter owned candidate that wasn't the most highly funded campaign either.

It doesn't always take the most money to do great things. And I'm sure that we can still have a spectacular convention that will be a boon for the city and state financially and for the Democratic party politically.